Thursday , July 20 2017

Mint to issue EMV Chip based UnionPay ‘salary cards’ in GCC

Abu Dhabi / Emirates Business

As a leading integrated electronic payment solutions provider and a leading payroll card service provider based in the UAE, Mint is proud to announce the issuance of its first EMV Chip based UnionPay Salary Cards in the GCC. UnionPay International, a global provider of high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base, has certified Mint as its Third Party Service Provider (TPSP).
The launch of UnionPay’s EMV Chip based salary cards aims to provide more than 500,000 workers with electronic payments functionality along with other value added services including global withdrawal, global Point of Sales Purchases as well as global access to their finances. Mint with association with partner banks can provide micro credits at affordable rates, and assist workers in gaining the ability to choose the right savings and insurance. The issuance of this card aims to achieve financial and digital inclusion by creating awareness within workers and facilitating their way with the company’s partner banks to bring them up to date with the daily banking requirements.

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